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submitted 1 month ago* (last edited 1 month ago) by mistermodal@lemmy.ml to c/privacy@lemmy.ml
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[-] shaggyb@lemmy.world 14 points 1 month ago

If we're going to continue doing capitalism, we need to celebrate when people who are responsible for quality products are paid comfortably but not so much that their pay disrupts other peoples' status.

700k very much qualifies in today's world.

Stop being crabs in a bucket.

[-] mistermodal@lemmy.ml 13 points 1 month ago

Guy who wants to continue doing capitalism

[-] ki9@lemmy.gf4.pw 1 points 3 weeks ago

You can't spell Anarchocapitalism without capitalism!

[-] hitmyspot@aussie.zone 1 points 4 weeks ago

If you want to change capitalism structure, tearing down privacy tools is not the way to do it.

How much does the equivalent salary at Whatsapp pay?

[-] pineapple@lemmy.ml 3 points 4 weeks ago

Of course don't tare down privacy tools. But they don't need 700k a year, that's an unreasonable amount of money that should really be redistributed.

[-] yogthos@lemmy.ml 3 points 4 weeks ago

an app designed to harvest phone numbers isn't a privacy tool lmfao

[-] manuallybreathing@lemmy.ml 1 points 4 weeks ago

The average WhatsApp Inc. executive compensation is $221,139 a year.The median estimated compensation for executives at WhatsApp Inc. including base salary and bonus is $221,114, or $106 per hour. At WhatsApp Inc., the most compensated executive makes $450,000, annually, and the lowest compensated makes $53,000

https://www.comparably.com/companies/whatsapp-in/executive-salaries

[-] lbfgs@programming.dev 3 points 4 weeks ago* (last edited 4 weeks ago)

That's definitely wrong. The head of whatsapp is almost certainly an E9 level or above employee, most likely above. And the average E9 makes like $4M a year

[-] hitmyspot@aussie.zone 1 points 4 weeks ago

I'd be surprised if this was accurate. I've seen average at Facebook of 350k. But, that's the problem, we don't really know as the data is not public.

I would also assume the private company salaries we do know don't include stock options and bonuses.

I think 700k+ is crazy high for a company without a model for much revenue. However, if they can afford it and the people are worth it, I don't think it's a bad thing in and of itself.

[-] YiddishMcSquidish@lemmy.today 3 points 1 month ago

Seriously so much this!!!

These people have a great product and they should be paid enough to keep them from seeking other sources of income. That's how we got Facebook. Plus having the numbers publicly available is a big plus.

[-] tastemyglaive@lemmy.ml 7 points 1 month ago

You guys are out of your gd minds I'm not going to sit here and explain what a mode of production is to you, or that executives are not proletarians. Jesus H. Christ

[-] shaggyb@lemmy.world 0 points 4 weeks ago

If we're going to continue doing capitalism

You missed part of my post.

[-] YiddishMcSquidish@lemmy.today 0 points 4 weeks ago

If shit was spread equally, everyone would make >$500 grand a year.

[-] tastemyglaive@lemmy.ml 4 points 4 weeks ago

You ought to be tormented by ghosts of Filipino tuna fishermen for such a remark. Firstoids are completely delusional.

[-] YiddishMcSquidish@lemmy.today 0 points 4 weeks ago

That is a wild amount of hate.

[-] utopiah@lemmy.ml 2 points 4 weeks ago

FWIW not on income but on top wealth, Musk has $792 Billion (ffs...) so ~$1000B and we are 8.4B Earthlings so ~10B. If we were to spread equality his wealth (which I'm all for) it would "only" gives each of us ~$100. Conclude from that what you will but to me it's just a reminder of just how many people we are. A lot.

PS: this isn't about income and it might be totally different there. If you have a better metric and approximation I'd be all ears.

this post was submitted on 09 Mar 2026
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Privacy

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